Cheap Apartments for Rent in the Shaker Lakes Neighborhood of Cleveland, OH from $400 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Shaker Lakes area of Cleveland.

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Buckwood Apartments
Studio to 2 Bedroom Apartments

Buckwood Apartments

2824-2826 E 130th StCleveland, OH 44120
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Hampton Apartments
Studio to 2 Bedroom Apartments

Hampton Apartments

2910 Hampton RdCleveland, OH 44120
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Tudor Manor
1 to 2 Bedroom Apartments

Tudor Manor

2865 Hampton RdCleveland, OH 44120
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Plateau
1 to 2 Bedroom Apartments

Plateau

12463 Cedar RdCleveland, OH 44106
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Van Aken Crossing
Studio to 2 Bedroom Apartments

Van Aken Crossing

2830-2890 Van Aken BlvdCleveland, OH 44120
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The Derbyshire Building
1 to 2 Bedroom Apartments

The Derbyshire Building

2480-2482 Derbyshire RdCleveland, OH 44106
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Moreland Place
Studio to 2 Bedroom Apartments

Moreland Place

2666 N Moreland BlvdCleveland, OH 44120
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Court at Wales
1 to 2 Bedroom Apartments

Court at Wales

13129 Shaker SquareCleveland, OH 44120
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Moreland Shakers Estates
1 to 2 Bedroom Apartments

Moreland Shakers Estates

2934-2938 S Moreland BlvdCleveland, OH 44120
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Plaza
Studio to 3 Bedroom Apartments

Plaza

12485 Cedar RdCleveland, OH 44106
Student Housing
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Weatherwood Estates
1 to 2 Bedroom Apartments

Weatherwood Estates

2880 S Moreland BlvdCleveland, OH 44120
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Ambassador
Studio to 2 Bedroom Apartments

Ambassador

13700 Fairhill RdShaker Heights, OH 44120
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Kemper Manor
Studio to 2 Bedroom Apartments

Kemper Manor

2501 Kemper RdShaker Heights, OH 44120
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Hampton Court
1 Bedroom Apartments

Hampton Court

2851-2859 Hampton RdShaker Heights, OH 44120
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Shaker View
1 to 2 Bedroom Apartments

Shaker View

2566 Kemper RdShaker Heights, OH 44120
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Fairhill Place
1 to 2 Bedroom Apartments

Fairhill Place

13660 Fairhill RdShaker Heights, OH 44120
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The Alcazar
Studio to 2 Bedroom Apartments

The Alcazar

2450 Derbyshire RdCleveland Heights, OH 44106
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Castle
Studio to 3 Bedroom Apartments

Castle

12479 Cedar RdCleveland Heights, OH 44106
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The Sheffield
1 to 2 Bedroom Apartments

The Sheffield

2630-2636 N Moreland BlvdShaker Heights, OH 44120
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Drexmore Mansion
1 to 3 Bedroom Apartments

Drexmore Mansion

2805 S Moreland BlvdShaker Heights, OH 44120
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Shaker Lakes, Cleveland, OH Local Guide

Cheapest Available Shaker Lakes Apartments for Rent

 

The cheapest available apartment rental in the Shaker Lakes area of Cleveland, OH is a 1 Bed unit found at Shakertowne Apartments priced from $700. Kemper House has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Shaker Lakes apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Shakertowne Apartments1bd/1bh1BR,1BA$700
Kemper HouseStudio: Experience the Charm at Kemper House - ...Studio,1BA$700
Van Aken CourtEfficienciesStudio,1BA$755
2515 Kemper RdNewly Renovated Studio Apartments at 13700 Fair...Studio,1BA$758
Shaker Park East Apartments1 Bedroom 1 Bath Large1BR,1BA$835
Shaker House & Shaker Town HouseShaker 1 Bedroom 1 Bath1BR,1BA$845
North Moreland Courts Apartments1x1 - 645 Sqft1BR,1BA$850
Shaker Lake ApartmentsCharming 1-Bedroom in Prime Shaker Heights Loca...1BR,1BA$900
Fairmount2BR2BR,1BA$940
Fairhill Gardens1 Bedroom1BR,1BA$949

Best Value Apartments for Rent in Shaker Lakes, OH

As of November 09, 2025 the best value apartment in the Shaker Lakes area is the $1.24 price per square foot 3083 E Derbyshire Rd Model at 3083 E Derbyshire Rd, Unit 2 in the in the Shaker Lakes neighborhood starting from $2,100. The second greatest value Shaker Lakes apartment is the 3 Bed/ 3 Bath Model at Embassy House starting at $1,650 with a $1.00 price per square foot in the Shaker Lakes neighborhood. Here is today’s list of the best values for Shaker Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3083 E Derbyshire Rd, Unit 23083 E Derbyshire Rd4BR,2BA$1.24
Embassy House3 Bed/ 3 Bath3BR,3BA$1.00
Cormere (IN-UNIT WASHER & DRYER)3 Bed/ 2 Bath3BR,2BA$1.15
3367 E Scarborough Rd, Unit 33673367 E Scarborough Rd2BR,1BA$1.17
3126 Kensington Rd, Unit 2nd floor3126 Kensington Rd2BR,1BA$1.04
Monty2 Bed/ 1 Bath2BR,1BA$1.15
Bon Air Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.23
Fairhill Apartments2 Bedroom2BR,2BA$1.26
Shaker Park East Apartments1 Bedroom 1 Bath Large1BR,1BA$1.04
Shakertowne Apartments1bd/1bh1BR,1BA$1.17

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Pet Friendly Lifestyle
Shaker Lakes, Cleveland, OH

Ranked #58

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Shaker Lakes Apartments

What is a cheap apartment in Shaker Lakes?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shaker Lakes is under $949.

What is the price of a cheap apartment in Shaker Lakes?

The cheapest apartment in Shaker Lakes is Shakertowne Apartments which is listed at $700, while the average apartment in Shaker Lakes costs $33,294.

What types of apartments are the cheapest in Shaker Lakes?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Shaker Lakes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Shaker Lakes?

Cheap apartments in Shaker Lakes have an average cost of $240 which is $33,054 cheaper than the average rent for all rentals in Shaker Lakes.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sandy Baker

Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.